Zee Classic with its brand proposition Woh Zamaana Kare Deewana announced the theatrical release of the movie.
The unreleased title, made in 1988, was languishing in the archives of the Directorate of Film Festivals.
The plot of the film, which features veteran actors Naseeruddin Shah and Shabana Azmi, is based on Gulzar’s own short story Seema from his Raavi Paar collection.
The story revolves around theatre director Sudhir (Shah) and his actor wife Seema (Azmi). The movie also features Raj Babbar, Sushma Seth, Utpal Dutt, Annu Kapoor and Savita Bajaj.
The music has been composed by one of Gulzar’s frequent collaborators, R.D. Burman.
Libaas was produced by Vikas Mohan, whose dream will realised by his sons Amul Vikas Mohan and Anshul Vikas Mohan.
“I’m lucky to be a part of this project. It couldn’t be released at that time for some reason. This was my father’s life-long dream and I’m happy it’s finally coming true,” Amul Vikas Mohan told PTI.
“The film will be in theatres by the end of this year. We will announce the release date in a few weeks, after further discussion.”
The film will be distributed by Zee Studios in India.
Libaas was shown at the International Film Festival of India (IFFI) in Goa after a gap of 22 years on November 22, 2014. It was also screened at the International Film Festival at Bangalore in January, 1992.
Gulzar, who is celebrating his 83rd birthday today, is one of the most prominent and prolific names in Hindi cinema. Besides being a successful poet and lyricist, he had an active career as a director that began with Mere Apne in 1971.
Gulzar later went on to direct classics such as Parichay, Aandhi, Mausam, Angoor, Ijaazat, Lekin…, Maachis and Hu Tu Tu. He stopped directing films to concentrate on his writing and translating Rabindranath Tagore’s work but he is still very active as a lyricist and won the Oscar for Jai Ho from Slumdog Millionaire.